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Shenzhen Txd Technology Co (SZSE:002845) Interest Expense : ¥-56 Mil (TTM As of Mar. 2024)


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What is Shenzhen Txd Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Txd Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-56 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Shenzhen Txd Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 21 Mil. Shenzhen Txd Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -15 Mil. Shenzhen Txd Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.36. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Shenzhen Txd Technology Co Interest Expense Historical Data

The historical data trend for Shenzhen Txd Technology Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shenzhen Txd Technology Co Interest Expense Chart

Shenzhen Txd Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -75.31 -132.92 -71.71 -64.68 -50.39

Shenzhen Txd Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.99 -14.04 -13.79 -12.57 -15.28

Shenzhen Txd Technology Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-56 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shenzhen Txd Technology Co  (SZSE:002845) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Shenzhen Txd Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-15 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥325 Mil.

Shenzhen Txd Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*20.839/-15.279
=1.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Shenzhen Txd Technology Co (SZSE:002845) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Txd Technology Co Ltd (SZSE:002845) » Definitions » Interest Expense
Comparable Companies
SZSE:002955 SZSE:300219 SHSE:688519 SHSE:603773 SHSE:605118 SHSE:688496 SHSE:688138 SZSE:300353 SHSE:688458 SZSE:300131 APH TPE:2317 TEL SZSE:002475 TSE:6981 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
No.2 of Zhijie Building, Guanguang Road, Room 13-16 Floor, Longhua District, Shenzhen, CHN, 518109
Website
http://www.txdkj.com
Shenzhen Txd Technology Co Ltd is an electronic manufacturing company. It designs, produces and sells TFT liquid crystal displays (LCD) module, touch display integrated module (On-cell, In-cell), AMOLED, comprehensive screen and other products. The products offered by the company have application in mobile phones, tablets, digital cameras, Medical equipment display, instrumentation, vehicle display and other fields. Its products are sold in China and other countries.
Executives
Long Xiao Yan Directors, executives
Zhang Zhi Gang Supervisors
Zhu Yan Independent director
Wan Feng Directors, executives
Chen Xiao Jun Supervisors

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